[photopress:khorgos2.jpg,full,alignright]That amazing figure of 300% is predicted in rail transit cargo from China and South Asia through Kazakhstan to Europe. Mark you, it is starting from a very low base.
Fast growing freight forwarding and logistics service company, STL, plans to build bonded warehouses and an intermodal container terminal at the Kazakhstan town of Khorgos, on the China border which is already a busy border crossing as our picture shows.
STL’s intermodal hub is due for completion by 2010 and complements the Kazakhstan government’s US$500 million investment to upgrade rail and road infrastructure to meet demand for booming cargo volumes from China to Central Asia, CIS and Russia.
[photopress:khorgos3.jpg,full,alignleft]Erlan Dikhanbayev, Managing Director of STL said, ‘We estimate that rail freight volumes to and from China will grow by 300 per cent during the next four years via Khorgos and there is demand to expedite transit cargo by rail and road between China and Europe.
‘The upgraded infrastructure and streamlined Customs procedures will mean faster transit times between China and Europe.
‘STL’s investment in this intermodal hub will provide our customers with shorter border transit times, improved security and better tracking and tracing of containers.’
The Kazakhstan authorities are looking to attract 4% of cargo volumes currently by sea between China and the EU and move it by rail.
STL provides a freight services to destinations Kazakhstan, Uzbekistan, Kyrgyzstan, Ukraine, Russia through gateways in Qingdao.
Source: Arabian Business
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